Hierros Anon SA acquired Tubos Mecánicos, S.A. from Tubacex, S.A. for €25 million.
December 22, 2021
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Hierros Anon SA acquired Tubos Mecánicos, S.A. from Tubacex, S.A. (BME:TUB) for €25 million on December 23, 2021.
Hierros Anon SA completed the acquisition of Tubos Mecánicos, S.A. from Tubacex, S.A. (BME:TUB) on December 23, 2021. Jose Ramón Berecibar of Cuatrecasas, Gonçalves Pereira, S.L.P. acted as legal advisor to Tubacex, S.A. in the transaction.
Tubacex SA is a Spain-based company primarily engaged, through its subsidiaries, in the steel industry. The Company's main activity is the manufacture, distribution and sale of seamless stainless steel tubes and pipes. The Companyâs product portfolio also includes hollow bars, steel and fittings. It has operations established in Europe, the Americas and Asia.The Company is a parent of Grupo Tubacex, a group, which comprises a number of controlled entities, including Aceria de Alava SA, Tubacex Tubos Inoxidables SA, Schoeller-Bleckmann Edelstahlrohr Inmobilien AG, Salem Tube Inc, Tubacex Taylor Accesorios SA and Metaux Inox Services SAS, among others.
TUBACEX, S.A. 
